1、 Price trend
According to the data monitored by the business association, as of May 27, pet water bottle manufacturers had quoted 5700.00 yuan / ton, and the main negotiation price of the spot was 5550-5700 yuan / ton. The downstream purchasing was cautious, and the pet market was running smoothly.
| Azodicarbonamide (AC foaming Agent) |
2、 Cause analysis
The domestic pet market is stable, while the polyester bottle Market in South China is flat. The main negotiated price of the spot market is 5550-5650 yuan / ton. The polyester bottle Market in East China is narrow and weak. Now, the main manufacturers offer around 5650-5700 yuan / ton, which is just in need of purchasing. At present, the price of Xiamen Tenglong is 5700, Guangdong Taibao 5750 yuan / ton, Zhuhai China Resources 5800 yuan / ton, Zhejiang wankai 5700 yuan / ton, Yizheng Chemical fiber 5700 yuan / ton.
PTA raw materials run smoothly, pet cost support is weak, price fluctuation is not big, trading is light, wait-and-see atmosphere is strong.
On May 26, the commodity price index BPI was 730 points, up 1 point compared with yesterday, down 28.36% compared with the highest point 1019 (2012-04-10) in the cycle, and up 10.61% compared with the lowest point 660 on February 3, 2016. (Note: cycle refers to 2011-12-01 to now)
3、 Future forecast
Pet analysts of the business club believe that: the downstream is cautious, just need to purchase, and the pet market is stable in the short term. (the above prices are provided by PET major manufacturers all over the country and sorted out and analyzed by PET analysts in business, for reference only. For more details, please contact relevant manufacturers for consultation)
| ferric sulfate (Poly ferric sulphate) |